Word: moak
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Dates: during 1950-1959
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...interested" in the company's offer to supply the U.S. stockpile with up to 150 million Ibs. of nickel over a 2½-year period from the 75 million Ibs. that will be produced annually (beginning in 1960) at Inco's new $115 million development at Moak Lake, Man. Gracefully, Inco President Henry S. Wingate said that the Government action "is very good news to nickel consumers because it forcefully emphasizes that the supply outlook is much improved...
...will help pay for $115 million expansion by Canada's International Nickel Co., world's biggest nickel producer. Company is boosting prices 9½? a lb., by 1960 will increase annual capacity by 50% to 385 million Ibs. Inco is opening two big new mines in Mystery-Moak Lakes area of northern Manitoba, building concentrator, smelter, refinery, and city for 8,000 on site...
NICKEL PINCH will be eased by vast International Nickel Co. of Canada, Ltd. expansion program. After spending $8,000,000 on exploration, world's biggest nickel producer (six-month sales: $225 million) will shell out $150 million to bring huge new nickel source at Moak Lake, Man. into production. At full production, Moak Lake will probably be world's second biggest nickel center, topped only by INCO's own Sudbury, Ont. operation...